Thursday, 11 December 2008

UCLA says ...

04:58 Ethan Jacob ,

According to the just released UCLA Anderson forecast, the state’s unemployment rate will peak at 8.7% at the end of next year.

Our forecast says it will peak at 9.6%.

For the sake of thousands of workers, I hope they are right and we are wrong. We will check back a year from now and see.

About the Author

Ethan Jacob

Author & Editor

I am Ethan Jacob Executive Director of the Center for Business and Policy Research at the University of the Pacific, where I have a joint faculty appointment in the Eberhardt School of Business and the Public Policy Program in the McGeorge School of Law..

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